Image by Sean Hayes from Pixabay

The 5 stocks in the munKNEE Pure-Play Plant-Based Food Stocks Index are those in the sector that have market caps in excess of $50M and they were up 19% in July and went up a further 16% this past week. That being said, the Index is still down 44% YTD.

Below is the performance of the constituents in the index last week with their performances since the end of June in brackets:

The munKNEE Pure-Play Plant-Based Food Stocks Index

1. Tattooed Chef (TTCF): UP 21.1% this past week (UP 21.0% since the end of June)
   • offers a broad portfolio of plant-based food products that are available in the frozen food sections of national retail food stores across the United States.
2. Beyond Meat (BYND): UP 19.6% this past week (UP 59.8% since the end of June)
   •  seeks to replicate the look, cook, and taste of meat. Its products are sold in the meat case of retail food stores across the U.S. and Canada and 83 other countries.
3. Oatly Group (OTLY):  UP 6.7% this past week (UP 14.7% since the end of June)
   • the world’s original and largest oat drink company catering primarily to customers in Sweden, Germany, United Kingdom, Netherlands, Finland, and North America.
4. Else Nutrition (BABYF): UP 5.9% this past week (DOWN 44.9% since the end of June)
   • an Israel-based food and nutrition company focused on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children, and adults.
5. Guru Organic Energy (CSE: GURU; GUROF): No Change this past week (No Change since the end of June)
   • a Montreal, Canada beverage company launched in 1999, when it pioneered the world’s first natural, plant-based energy drink.

In total, the munKNEE Pure-Play Plant-Based Food Stocks Index went UP 15.9% this past week and is UP 37.8% since the end of June.

We think the above Index reflects the true health of the plant-based food stocks sector in the U.S. and Canada.

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